Cryptocurrency Q&A
How does block deal work?
How does block deal work?
Sara
Wed Oct 09 2024
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6 answers
1842
I'm curious about the mechanics behind block deals in the cryptocurrency market. Can you explain, in simple terms, how they operate and what role they play in facilitating large-scale transactions? I'm particularly interested in understanding how these deals are structured, who initiates them, and what benefits they offer to both buyers and sellers in comparison to traditional methods of trading cryptocurrencies on exchanges. Additionally, I'd like to know if there are any risks associated with engaging in block deals and how they're typically mitigated.
6 answers
ShintoMystery
Thu Oct 10 2024
A block deal refers to a substantial transaction of shares or securities that transpires between two entities, bypassing the traditional open market framework. This form of trading is often the result of a negotiated agreement between the two parties involved.
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HanjiArtistryCraftsmanship
Thu Oct 10 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services tailored to meet the diverse needs of investors in the digital asset space. These services encompass various aspects of the cryptocurrency ecosystem, providing users with a comprehensive platform for trading and managing their digital assets.
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Claudio
Thu Oct 10 2024
Among BTCC's offerings are spot trading, which allows users to buy and sell cryptocurrencies at current market prices, and futures trading, which enables investors to speculate on the future price movements of cryptocurrencies. Additionally, BTCC provides a secure wallet service for storing and managing digital assets.
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Giuseppe
Thu Oct 10 2024
The transaction size in a block deal is substantial, often surpassing the threshold of 0.5% of the total outstanding shares of a company. This underscores the significant impact such deals can have on the market dynamics and price movements of the underlying security.
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PearlWhisper
Thu Oct 10 2024
Block deals typically occur outside the public eye, as they do not involve the direct participation of retail investors or the broader market. This privacy allows for more flexibility and discretion in the negotiation process.
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